look, as Bob Dole pointed out, it is a form of socialism, by definition.
i don't like socialism and i don't have any sort of affinity to the state of Mississippi. furthermore, it is the elected officials job to create economic channels.
that being said, if you think California, by the very nature and size of their state, doesn't have more resources than most states idk what to tell you. their GDP ranks up their with the best countries on earth. and yet they have major major quality of life problems and the worst purchasing power of any state (by far) other than hawaii.